Facebook buys up another little company

Facebook said Tuesday it’s buying Pryte, a small, private Finnish company that makes technology aimed at brining smartphone apps to less developed nations.

Terms of the deal weren’t disclosed. The company’s technology helps smartphone users, in parts of the world were wireless Internet access is prohibitively expensive, to buy passes that allow them to use mobile apps … like Facebook’s.

The deal is the latest in what’s been a string of acquisitions by Facebook, the largest online social network, says S&P Capital IQ. Facebook has bought six other companies just this year, the largest being the $2.3 billion buy of virtual reality company Oculus VR in a deal announced in late March.